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Apr 27, 2010
04/10
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state. >> michigan state. and how about that english? here is to mohammed and to major howell. we hope you have a wonderful evening and we see you again tomorrow night. good night. hi. i'm jim perdue. in case of everyday emergencies... guys, go get changed! ...or soccer practice, it's important to be prepared for dinner. that's why i've prepared my perdue perfect portions fresh chicken breasts. they're individually wrapped, so you can cook what you need and store what you don't. we're not playing helicopter now. ready when you are, they're trimmed of fat and consistently sized to cook in just 10 minutes. life's not perfect. that's why there's perdue perfect portions. [ male announcer ] perdue perfect portions.
state. >> michigan state. and how about that english? here is to mohammed and to major howell. we hope you have a wonderful evening and we see you again tomorrow night. good night. hi. i'm jim perdue. in case of everyday emergencies... guys, go get changed! ...or soccer practice, it's important to be prepared for dinner. that's why i've prepared my perdue perfect portions fresh chicken breasts. they're individually wrapped, so you can cook what you need and store what you don't. we're not...
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Apr 28, 2010
04/10
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CSPAN
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it is chaired by carl levin of michigan. >> we ask you to stand and raise your right hand. do you solemnly swear that the testimony that you are about to give is the truth, the whole truth, and nothing but the truth, so help you god? >> yes, i did. >> thank you very much. i don't know if you heard the earlier testimony, but we use the system of lights, so you can give us our testimony if possible in five minutes. >> chairman levin, ranking member coburn, members of the subcommittee, thank you for the invitation to appear before you today as to examine some of the causes and consequences of the financial crisis. today the financial system is fragile but it is largely stable. the stability is the result of a decisive and necessary government action during the fall of 2008. like other financial institutions, goldman sachs received an investment from the government as a part of the efforts to fortify our markets and the economy during a very difficult time. i want to express my gratitude and the gratitude of our entire firm. we held the investment for approximately eight months
it is chaired by carl levin of michigan. >> we ask you to stand and raise your right hand. do you solemnly swear that the testimony that you are about to give is the truth, the whole truth, and nothing but the truth, so help you god? >> yes, i did. >> thank you very much. i don't know if you heard the earlier testimony, but we use the system of lights, so you can give us our testimony if possible in five minutes. >> chairman levin, ranking member coburn, members of the...
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Apr 27, 2010
04/10
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WETA
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in dearborn, michigan, today, diane esterbrook asked ford c.e.o. alanmulally. >> what was driving profits for ford in that last quarter? >> the main drivers were the strengths of our products themselves, especially sales. on the sales side, we were up 37% year over year. we increased our market share by 2.7 percentage points which is incredible. then also, our revenue was up 37%. that combined with our continuing focus on quality and productivity allowed us to turn in that great operating profit. >> reporter: the market share was very noticeable. up a couple of points. do you think you can continue those kind of gains throughout the rest of the year? >> i don't know about the exact amount of the gains, but in our guidance we said we would improve from our market share last year so clearly we're on a positive track to be able to deliver on that commitment. >> reporter: obviously, you're a company that's gotten good will from the public because it did not take any money. now g.m. has paid the loan back, do you think you might of that goodwill and los
in dearborn, michigan, today, diane esterbrook asked ford c.e.o. alanmulally. >> what was driving profits for ford in that last quarter? >> the main drivers were the strengths of our products themselves, especially sales. on the sales side, we were up 37% year over year. we increased our market share by 2.7 percentage points which is incredible. then also, our revenue was up 37%. that combined with our continuing focus on quality and productivity allowed us to turn in that great...
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Apr 24, 2010
04/10
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WUSA
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. >> reporter: michigan democrat carl levin is chairman of the subcommittee investigating the role of investment banking in the housing meltdown. he made the goldman emails public. >> they bundled toxic and dubious mortgages into complex financial instruments, sold them to investors, magnifying and spreading risk throughout the financial system. >> reporter: in a statement today, goldman sachs again aserred it lost money in the mortgage market, $1.2 billion in one year. and said the senate subcommittee "cherry-picked just four e-mails from 20 million pages of documents," "making it seem the subcommittee had reached its conclusion even before holding a hearing." on wall street thursday, president obama criticized bankers for what he called reckless practices as he works to head off a republican filibuster of his financial reform package when it comes up for a vote next week. more trouble for the powerful investment bank. 63 members of the house, including one republican, are urging the justice department to open a criminal investigation of goldman sachs, while two of its shareholders h
. >> reporter: michigan democrat carl levin is chairman of the subcommittee investigating the role of investment banking in the housing meltdown. he made the goldman emails public. >> they bundled toxic and dubious mortgages into complex financial instruments, sold them to investors, magnifying and spreading risk throughout the financial system. >> reporter: in a statement today, goldman sachs again aserred it lost money in the mortgage market, $1.2 billion in one year. and...
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Apr 28, 2010
04/10
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michigan. terry on the independent line. caller: some of the things i find ironic is the idea that all they are talking about is fraud and things like this, but some of this is insider-trading also, isn't it? host: do you think it is? caller: martha stewart was thrown in jail because she move money out when she found out it was going bad. you sell me a stock, i am long run it and you are on the short side but you have more information than i have. isn't that insider trading? it is not just the federal government that we have to watch and have trouble with. this goes from federal, to state, all the way down to your local governments. in some of our areas around here, you can buy your property and own it but then they dictate the size of the house you have to build. so, we've got 300 or $400,000 homes, or what they say is 300,000 or $400,000 homes, and how are they supposed to pay for that and by $40,000 cars and people pay for it working at places like wal-mart making maybe $9 or $10 an hour? host: we would turn our attentio
michigan. terry on the independent line. caller: some of the things i find ironic is the idea that all they are talking about is fraud and things like this, but some of this is insider-trading also, isn't it? host: do you think it is? caller: martha stewart was thrown in jail because she move money out when she found out it was going bad. you sell me a stock, i am long run it and you are on the short side but you have more information than i have. isn't that insider trading? it is not just the...
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Apr 28, 2010
04/10
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CNN
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>> that's my senator from michigan. we're a rough bunch. what struck me the most is that these goldman guys all day long sat there hemming and hawing and essentially played the american people for chumps. that's what it felt like to me. because even when presented with the actual evidence that -- that with their own e-mails where they're yukking it up about how they're taking people's pension funds, they're taking people's 401(k)s, and investing it in something they know is a bad investment, and then they're going to go and take a bet out hoping that that investment fails so that they get money from that. >> larry: but from a horseplay standpoint. if i'm a tout and i give you a horse that i don't like while i bet a horse that i think is going to win, i win this race, but i lose you as a customer. isn't that dumb? >> are you trying to tell me something, larry? i didn't understand. >> larry: why would you bet -- why would you advise someone and then go against them and expect to keep them as clients? >> because this is all -- this has been go
>> that's my senator from michigan. we're a rough bunch. what struck me the most is that these goldman guys all day long sat there hemming and hawing and essentially played the american people for chumps. that's what it felt like to me. because even when presented with the actual evidence that -- that with their own e-mails where they're yukking it up about how they're taking people's pension funds, they're taking people's 401(k)s, and investing it in something they know is a bad...
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Apr 29, 2010
04/10
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CNN
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. >> larry: michigan, hello. >> caller: hi. hi, larry. i want to say, donald trump, you are fabulous. >> thank you, i like you, too. >> larry: in my life -- no, you are the smartest man, wonderful father. >> larry: what's your question? >> caller: my question is i'm in my late 50s. will it ever come back around to where these jobs -- i've had four jobs. what do you think? >> well, i hope so. you know, you have opec sucking the blood out of our country. you have china sucking the blood out of our country. and, so, you know, you talk about jobs, where are the jobs going? they're going to mexico? we're sending our people, our jobs to mexico. >> larry: what do we do about it? >> well, i think you get tough. frankly, i'd put taxes on things coming into this country. we have the great economy. but in 10 to 15 years we will no longer be number one. we're fighting with ourselves. we're not fighting with other countries, we're fighting the wrong people. >> larry: what do you think of obama? >> well the jury's still out. i like him personally. i wo
. >> larry: michigan, hello. >> caller: hi. hi, larry. i want to say, donald trump, you are fabulous. >> thank you, i like you, too. >> larry: in my life -- no, you are the smartest man, wonderful father. >> larry: what's your question? >> caller: my question is i'm in my late 50s. will it ever come back around to where these jobs -- i've had four jobs. what do you think? >> well, i hope so. you know, you have opec sucking the blood out of our country....
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Apr 20, 2010
04/10
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CNN
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one involving the michigan members called the h ee eed the joe stack who crashed his plane into the irs building. >> you can hate, but you can not hurt. and you can not plot to hurt or conspire to hurt. be it a militia in the woods, plotting to overthrow the government, you can't do that. you can't plot the overthrow of the united states. you can't plot attacks on federal law enforcement officers or police officers. you can't plant bombs, you can't conspire to murder people. >> reporter: there's been a surge recently of anti-government hatred. >> i think we're in a very worrying moment right now. i think it is really quite similar in the period in early '95 leading up to the oklahoma city bombing. the reality, though, is i think actually the movement or the anger out there right there is both broader and deeper than it was in 1995. that i think is really scary. >> the trials of the eight hutare militia members are yet to begin. they pleaded not guilty to conspiracy charges. >> so talk to me about the law. when can free speech cross the sflien. >> that's always a subject of controversy.
one involving the michigan members called the h ee eed the joe stack who crashed his plane into the irs building. >> you can hate, but you can not hurt. and you can not plot to hurt or conspire to hurt. be it a militia in the woods, plotting to overthrow the government, you can't do that. you can't plot the overthrow of the united states. you can't plot attacks on federal law enforcement officers or police officers. you can't plant bombs, you can't conspire to murder people. >>...
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Apr 26, 2010
04/10
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WETA
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senator carl levin of michigan defended his committee's findings goldman sachs took advantage of a major conflict of interest-- creating securities, selling them to clients, and then betting against them. on wall street, betting a security will fall in value is called shorting. for support, levin pointed to thousands of executive emails, citing one to the goldman board. >> we were overall, net short the mortgage market, and thus had very strong results. so, were they big-time short in 2007? you betcha, despite what they've been trying to say. >> reporter: over the weekend, goldman accused the committee of cherry-picking emails. again this afternoon, the bank battled back, releasing c.e.o. lloyd blankfein's testimony. the c.e.o. plans to tell congress goldman sachs lost $1.2 billion on housing, adding, quote: >> we didn't have a massive short against the housing market and we certainly did not bet against our clients. >> reporter: blankfein says his firm cannot survive if clients don't trust it. but senator carl levin says goldman is misleading the country about its mortgage bets. it will
senator carl levin of michigan defended his committee's findings goldman sachs took advantage of a major conflict of interest-- creating securities, selling them to clients, and then betting against them. on wall street, betting a security will fall in value is called shorting. for support, levin pointed to thousands of executive emails, citing one to the goldman board. >> we were overall, net short the mortgage market, and thus had very strong results. so, were they big-time short in...
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Apr 8, 2010
04/10
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CNBC
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let's go to jeff in michigan. jeff? >> caller: hey, how you doing, jim? >> not bad. >> caller: big boo-yah. my question is lvs, las vegas sands. the stock seems to have no end to it. >> i think it's a terrific stock, but you know i like wynn, which also has no end to it. wynn is the better of the two stocks. but i want to thank him. he put a lot of money into a sad memorial in israel, but he did great work. i have to mention all his charitable work. he's amazing. let's take one more call. eric in d.c. >> caller: jim, b-b-b-b-b- b-b-b-b-b-b-boo-yah. >> i like that. hit me, hit me. >> caller: what's going on with skyworks? >> it just staaled at 15. it's a way station on its way to 20. i think that this stock is a good one and it's cheap and i would buy skyworks. if you own it, i would stick wit. and i would stick with cramer! >>> coming up, golden growth? is this elemental stock the key to a successful portfolio? cramer's exclusive one-on-one with eldorado ceo on this "executive decision." >> gold stocks take a pause in march. they are coming back in april.
let's go to jeff in michigan. jeff? >> caller: hey, how you doing, jim? >> not bad. >> caller: big boo-yah. my question is lvs, las vegas sands. the stock seems to have no end to it. >> i think it's a terrific stock, but you know i like wynn, which also has no end to it. wynn is the better of the two stocks. but i want to thank him. he put a lot of money into a sad memorial in israel, but he did great work. i have to mention all his charitable work. he's amazing. let's...
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Apr 28, 2010
04/10
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CSPAN
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last year ended with an attempted terrorist bombing aboard a commercial aircraft bound for detroit, michigan. exposed to inefficiencies in interagency coordination and information sharing, and other countries screening. as a result of that incident, congress and the administration took steps to understand existing weaknesses and that sent them -- in that system and help -- and how best to correct them. this committee heard testimony from officials from the department of homeless security, the federal department -- the federal bureau of investigation, and the state department, each of whom recognized the need to do better. i am encouraged by the department's recent strengthening of airline passenger screening policies and the decision to move away from a country-specific screening policy in favor of a smarter, more flexible approach. i hope that today will hear more about the department's efforts to improve airline security as well as its coordination with the state department. no longer our southern border, we are experiencing historic levels of drug-related violence that must be brought und
last year ended with an attempted terrorist bombing aboard a commercial aircraft bound for detroit, michigan. exposed to inefficiencies in interagency coordination and information sharing, and other countries screening. as a result of that incident, congress and the administration took steps to understand existing weaknesses and that sent them -- in that system and help -- and how best to correct them. this committee heard testimony from officials from the department of homeless security, the...
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Apr 28, 2010
04/10
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CSPAN2
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the presiding officer: the senator from michigan is recognized. mr. levin: has the quorum call begun? the presiding officer: yes. mr. levin: i would ask unanimous consent that further proceedings under the quorum call be dispensed with. the presiding officer: without objection, so ordered. mr. levin: mr. president, yesterday the senate permanent subcommittee on investigations, which i chair, held the fourth in our series of hearings to explore some of the causes and consequences of the financial crisis. these hearings are the culmination of nearly a year and a half of investigation. mr. president, if i could yield myself ten minutes? the presiding officer: without objection, so ordered. mr. levin: the freezing of financial markets in the collapse of financial institutions that sparked our investigation are not just a matter of numbers on a balance sheet. these are numbers reflecting millions of americans who lost their jobs, lost their homes, lost their businesses a in a recession that the housing crisis sparked, and this has become now the worst econ
the presiding officer: the senator from michigan is recognized. mr. levin: has the quorum call begun? the presiding officer: yes. mr. levin: i would ask unanimous consent that further proceedings under the quorum call be dispensed with. the presiding officer: without objection, so ordered. mr. levin: mr. president, yesterday the senate permanent subcommittee on investigations, which i chair, held the fourth in our series of hearings to explore some of the causes and consequences of the...
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Apr 21, 2010
04/10
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CNBC
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. >> invest $257 million in plants in kansas and michigan to capitalize on hot selling sedans. let's send it over to larry and tyler mathisen at earnings central. >> at&t out with its numbers this morning. >> earnings burning the charts here for at&t, pretty good numbers for at&t across the board. they beat the estimates and the stock. let's show the stock moving a little bit lower right now down 39 cents and eps 59 cents cents verser 54 cents estimate. the retiree prescription drugs and the estimates are that the profits would have been 59 cents a share higher even than they were. let's look at some of the movers in at&t. >> it is a one-time charge. they are all throwing in right now because they have to. >> the business metrics as we look over here, 1.9 million wireless subscribers, that beat estimates new wireless people and that was up nicely beating estimates and broadbound pretty good, as well there. this is a pretty good report. the stock basically flat down 39 cents at this hour. moving on to another one, emc. we have no health care issues here and this is a blowout. 26
. >> invest $257 million in plants in kansas and michigan to capitalize on hot selling sedans. let's send it over to larry and tyler mathisen at earnings central. >> at&t out with its numbers this morning. >> earnings burning the charts here for at&t, pretty good numbers for at&t across the board. they beat the estimates and the stock. let's show the stock moving a little bit lower right now down 39 cents and eps 59 cents cents verser 54 cents estimate. the retiree...
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Apr 17, 2010
04/10
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FOXNEWS
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michigan, 14.1, california -- these are the same numbers we've been talking about month after month. they got to tart turning around sometime. steve, thank you. -- go got to start turning around sometime, steve, thank you. >> whatever happened to law enforcement protecting you? texas sheriff issues a warning. arm yourself. why? the sheriff is here to tell you. plus federal judge declares national day of prayer unconstitutional. really? reverend graham is near next. [ female announcer ] sometimes you need tomorrow to finish what you started today. for the aches and sleeplessness in between, there's new motrin pm. no other medicine, not even advil pm, is more effective for pain and sleeplessness. new motrin pm. [ male announcer ] there's one reason why over the past 100 years generations of men have trusted gillette. when it comes to shing, we've given them our best. and on june 6th, we'll give them somethg even better. >> greta: some people in texas and arizona are terrified and for good reason. over the border there's the bloodiest violence you can imagine. drug cartels beheading ene
michigan, 14.1, california -- these are the same numbers we've been talking about month after month. they got to tart turning around sometime. steve, thank you. -- go got to start turning around sometime, steve, thank you. >> whatever happened to law enforcement protecting you? texas sheriff issues a warning. arm yourself. why? the sheriff is here to tell you. plus federal judge declares national day of prayer unconstitutional. really? reverend graham is near next. [ female announcer ]...
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Apr 27, 2010
04/10
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CSPAN
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i am from michigan. i come down to florida to work in the winter. i was the only american worker there. out of 13 people, of was the first person to have to go back home. here is a great solution for all the immigrants. instead of marching to washington, march 2 washington and sign up for the army, navy, marines. america is not free. guest: i think you raise an important point about the e- verify program. arizona it is one of the few states require a individuals to participate in this. we are opposing this kind of program to push it nationally. in the end, there are a lot of programs out there that are conditioning robust worksite and foresman, which amnesty. what we are saying is, this is the wrong approach. to some extent, they are taking me the obama administration is painting themselves into a dangerous corner by saying we are going to take the interest of illegal aliens at a hard- working families who need enforcement. if they were serious about a pathway to citizenship, they would be talking about a far more comparable to a set of measures. th
i am from michigan. i come down to florida to work in the winter. i was the only american worker there. out of 13 people, of was the first person to have to go back home. here is a great solution for all the immigrants. instead of marching to washington, march 2 washington and sign up for the army, navy, marines. america is not free. guest: i think you raise an important point about the e- verify program. arizona it is one of the few states require a individuals to participate in this. we are...
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Apr 24, 2010
04/10
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MSNBC
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senator levin of michigan, chairman of the committee that held the hearing, calling the entire system an inside job. >> the credit rating agencies were operating with an inherent conflict of interest. because the revenues they pocketed came from the companies whose securities they rated. it's like one of the parties in court paying the judge's salary, or one of the teams in a competition paying the salary of the referee. >> the s.e.c.'s oversight of the credit ratings agencies now unlimited, claiming they are protected by the first amendment right to free speech. republicans in congress meanwhile using their first amendment right to free speech to push for something, anything, with which to discredit the s.e.c., and by extension the obama administration. yesterday afternoon, senator grassley making a request of inspector general david cotts' office. grandma is not mentioned once in the letter. in your semi annual reports to congress, you have indicated your office has investigated several instances of s.e.c. employees inappropriately accessing pornographic materials from their governm
senator levin of michigan, chairman of the committee that held the hearing, calling the entire system an inside job. >> the credit rating agencies were operating with an inherent conflict of interest. because the revenues they pocketed came from the companies whose securities they rated. it's like one of the parties in court paying the judge's salary, or one of the teams in a competition paying the salary of the referee. >> the s.e.c.'s oversight of the credit ratings agencies now...
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Apr 26, 2010
04/10
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CNBC
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the worst, nevada, michigan and florida. heavy demand for the first private residential mortgage backed security bond in over two years pushed the yield down. redwood trust's $222 million bond priced at an interest rate of 3.75% p. a quarter point below the market rate. >>> it is certainly a huge week for earnings. we've got more than 160 s&p 500 companies getting ready to report the results. big week, indeed. texas instruments gets it going in the tech sector. ti shares take a look there, already up 1.4%. 27.$27.04 a share the latest tr. jim goldman is joining us now with a look at what the street is expecting to hear from this chip giant. take it away, jim. >> hey, trish. good morning to you. talk about a weird earnings suicide. save from apple which had a blow outquarter and stock reaction to match, other tech stalwarts have had good news to report but took it on the chin as far as investor reaction was concerned. that's what makes ti's report so intriguing tonight. the street looking for 51 cents a share and about $3.13
the worst, nevada, michigan and florida. heavy demand for the first private residential mortgage backed security bond in over two years pushed the yield down. redwood trust's $222 million bond priced at an interest rate of 3.75% p. a quarter point below the market rate. >>> it is certainly a huge week for earnings. we've got more than 160 s&p 500 companies getting ready to report the results. big week, indeed. texas instruments gets it going in the tech sector. ti shares take a...
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Apr 18, 2010
04/10
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CSPAN
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the pain from manufacturing jobs, as well as some of those in neighboring states, such as indiana and michigan. host: the map looks at the financial stress across the country. tell us aware of -- what it is like where you live. this map that has every county across the country, looking at the bankruptcy rate, the unemployment rate, and the foreclosure rate. there was in the 1980's, the missouri index -- the misery indiex. ex. guest: it started before ronald reagan. it was created in 1970's, a period where we had stagflation. we have high inflation, but the economy was going to successive recessions and unemployment remains high. you added the high inflation and high unemployment and you've got a misery index. the unemployment now is not as high as 1982. unemployment hit a peak of 10.8%. our peak is 10.1% it so far. inflation has been much more contained this time around. the misery index, the readings will not be the same. if you do not have a job, that is the biggest part of the index. that is a factor in the midterm elections. host: martin crutsinger is here in our studio. mike schneider joi
the pain from manufacturing jobs, as well as some of those in neighboring states, such as indiana and michigan. host: the map looks at the financial stress across the country. tell us aware of -- what it is like where you live. this map that has every county across the country, looking at the bankruptcy rate, the unemployment rate, and the foreclosure rate. there was in the 1980's, the missouri index -- the misery indiex. ex. guest: it started before ronald reagan. it was created in 1970's, a...
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Apr 27, 2010
04/10
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WTTG
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in detroit, michigan, 38 degrees this hour. and then again milder air, although we are in the miler air but milder air from our region down into the southern portions of the united states. let's take a look at hd radar. we'll show you where the moisture is that we've been talking about. one little blip just to the north of the district and off to our east, a few rain showers in eastern maryland pushing into delaware. that is it for this morning. that will continue to push out. you might see another little blip pop up here or there during the early-morning hours. later today, we could see some showers well down to the south. i think most of our viewers will be precipitation free but in southern maryland, you might get a little bit of activity there. lets aget back to the graphics. here is a look at the satellite- radar if our region. you see the clouds that are in over us. you see the motion here. everything pushing to the east so we'll get some sunshine breaking out here later on today. it will take a while for that to happen b
in detroit, michigan, 38 degrees this hour. and then again milder air, although we are in the miler air but milder air from our region down into the southern portions of the united states. let's take a look at hd radar. we'll show you where the moisture is that we've been talking about. one little blip just to the north of the district and off to our east, a few rain showers in eastern maryland pushing into delaware. that is it for this morning. that will continue to push out. you might see...
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Apr 25, 2010
04/10
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also, the michigan democratic governor. you can listen to all five talk shows beginning at noon eastern right here on c-span radio. it is 90.1 fm in the washington, d.c., nationwide on xm, and on the web. you can also follow us on facebook and twitter. >> i believe there is a huge neclack of knowledge about how this town works. >> when you're doing the research, you have to do it yourself. >> tonight, award-winning historians will talk about their work, books, and profession, and revisit their first appearances on our network. >> monday, a discussion on fcc policy with one of the newest members of the commission talking about the national broadband plan. and what the comcast decision means for net and a trout. that will be on c-span2. next sunday, on the booktv's "in-depth" -- pat buchanan on conservative ideology in today's political climate. he would take your phone calls, e-mail, and tweets. next sunday, live at noon on c- span2. host: we want to welcome scott wilson of "the washington post" and gail russell chaddock fro
also, the michigan democratic governor. you can listen to all five talk shows beginning at noon eastern right here on c-span radio. it is 90.1 fm in the washington, d.c., nationwide on xm, and on the web. you can also follow us on facebook and twitter. >> i believe there is a huge neclack of knowledge about how this town works. >> when you're doing the research, you have to do it yourself. >> tonight, award-winning historians will talk about their work, books, and profession,...
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Apr 27, 2010
04/10
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CNN
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some of it isn't 100% family friendly either like this from senator levin from michigan to goldman sachs executives he believes knowingly sold bad investments to clients and undermined financial markets in the process. >> june 22 is the date of this e-mail. boy, that timber wolf was one [ bleep ] deal. how much of that [ bleep ] deal did you sell to your clients after june 22, 2007? >> mr. chairman, i don't know the answer to that. but the price would have reflected levels that they wanted to invest in at that time. >> but you didn't tell them you thought it was a [ bleep ] deal. >> no, i didn't say that. >> no. who did? your people internally. and that's what the e-mails show. >> the hearing putting congress against goldman sachs is one act. another is an all too familiar of partisan duel or blame game as we call it in washington. they can't agree to present debate on new rules. democrats blame republicans and vice versa. yeah, same old game but remember your 401(k) is still in those markets so this one matters. new developments in that legislative fight in just a minute but first the b
some of it isn't 100% family friendly either like this from senator levin from michigan to goldman sachs executives he believes knowingly sold bad investments to clients and undermined financial markets in the process. >> june 22 is the date of this e-mail. boy, that timber wolf was one [ bleep ] deal. how much of that [ bleep ] deal did you sell to your clients after june 22, 2007? >> mr. chairman, i don't know the answer to that. but the price would have reflected levels that they...
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Apr 22, 2010
04/10
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host: last call from richard in michigan, good morning. caller: i guess i would have to have considered myself a few years ago s and republican centrists -- as a republican centrists. some of the mainstream media, when democrats took power, it was reported heavily -- and i believe it was nancy pelosi that made the statement that we do not need the republicans. i felt the market -- and enormously marginalized by that statement. rather than going independent, i was so offended by that statement that it actually made me go further to the right. host: i'm going to stop you right there because we are just about out of time. any reaction? guest: i do not remember the statement, but many of
host: last call from richard in michigan, good morning. caller: i guess i would have to have considered myself a few years ago s and republican centrists -- as a republican centrists. some of the mainstream media, when democrats took power, it was reported heavily -- and i believe it was nancy pelosi that made the statement that we do not need the republicans. i felt the market -- and enormously marginalized by that statement. rather than going independent, i was so offended by that statement...
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Apr 16, 2010
04/10
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democratic chairman carl levin of michigan lashed out at the office of thrift supervision. >> o.t.s. was a feeble regulator. instead of policing the economic assault, o.t.s. was more of a spectator on the sidelines, a watchdog with no bite. noting problems and making recommendations but not acting to correct the flaws and the failures that it saw. at times, it even acted like a guard dog. >> sreenivasan: the head of the office, john reich, denied he'd been too cozy with wamu managers. and sheila bair, chair of the federal deposit insurance corporation, said her agency did all it could. battle lines have hardened on a bill to reform financial regulation. president obama called again today for reining in "derivatives". they include the mortgage-backed securities that triggered the housing market collapse. the president said, "i will veto legislation that does not bring the derivatives market under control." the senate could take up the bill next week, but all 41 senate republicans announced today they will oppose it. nearly all u.s. hospitals will have to give same-sex couples greater
democratic chairman carl levin of michigan lashed out at the office of thrift supervision. >> o.t.s. was a feeble regulator. instead of policing the economic assault, o.t.s. was more of a spectator on the sidelines, a watchdog with no bite. noting problems and making recommendations but not acting to correct the flaws and the failures that it saw. at times, it even acted like a guard dog. >> sreenivasan: the head of the office, john reich, denied he'd been too cozy with wamu...
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Apr 27, 2010
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. >> how do you feel about eastern michigan now that it's chilly outside. >> we're from michigan. it's not that big of a deal. >> excellent point. except for the venting thing -- can you get a picture of this? tearing the t-shirt up with a thing. [ cheers and applause ] it's a look. i'm just saying, it's a little chilly for that look. let's get to the boards. one or two things going on this morning we want you to know about. we'll start with our picture from cvb in boston. they know boston better than anybody on the planet. all of your information on boston should come from cvb. a little cool. we're not going to get rid of the misty feeling during the day today. as you get toward richmond, the numbers pick up. on the west coast, another system picks up. rain and mountain snow. gorgeous through the middle of the country. more weather from times square in the next half hour. george? >> okay, sam. thanks. >>> now, the story of an american mother who has gone to extreme lengths to get custody from her sons in argentina. her tactics have made headlines all over the world. and her case
. >> how do you feel about eastern michigan now that it's chilly outside. >> we're from michigan. it's not that big of a deal. >> excellent point. except for the venting thing -- can you get a picture of this? tearing the t-shirt up with a thing. [ cheers and applause ] it's a look. i'm just saying, it's a little chilly for that look. let's get to the boards. one or two things going on this morning we want you to know about. we'll start with our picture from cvb in boston....
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Apr 26, 2010
04/10
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. >> i've covered michigan's democratic governor jennifer granholm many years. never been shy. check this out. i call this a video resume for a job opening on the u.s. supreme court. >> i'm from the most challenged state in the country, and, you know, for somebody to experience and see what everyday people are feeling and experiencing out there, i think is an important thing to consider. >> to be fair, she also mentioned janet napolitano, also a former governor. her term is up. she can't run again. she's actually saying, look at me, mr. president. >> she's a strong candidate. she's on the short list along with some other people on the short list. what the president said is you want someone beyond that realm of the courts. that could bring real world common sense to it. she understands the struggles of real world. >> i agree, it sounds like a plea. every time a supreme court nomination or vacancy comes up, we do this. y with start talking about people who i think will never get nominated. a great conversation. something usually had here in washington, d.c., and only in washingto
. >> i've covered michigan's democratic governor jennifer granholm many years. never been shy. check this out. i call this a video resume for a job opening on the u.s. supreme court. >> i'm from the most challenged state in the country, and, you know, for somebody to experience and see what everyday people are feeling and experiencing out there, i think is an important thing to consider. >> to be fair, she also mentioned janet napolitano, also a former governor. her term is...
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Apr 27, 2010
04/10
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product of an 18-month investigation by a senate committee that is headed by carl levin, democrat of michigan. they have been pouring over documents, examined e-mail. they've looked at all kinds of evidence that they say shows that goldman sachs a premiere banking and investment firm, really engaged in practices that amount to selling a security and then betting on that security to fail. and misleading clients. of course, goldman sachs says it did not do anything wrong. it followed appropriate practices, but would in fact agree that maybe it needed to be a little clearer about some the things it has done. that sort of sets the outline. but one of the things that makes this all interesting is when you get to look at e-mail from inside the company talking about some of the things that might get them into trouble and there's one particular former employee who is being talked about, actually, i believe he's still currently there, fabrice tourre heads a london office. there were e-mails that the committee uncovered that dealt with some of his communication, personal stuff he wrote but on company e
product of an 18-month investigation by a senate committee that is headed by carl levin, democrat of michigan. they have been pouring over documents, examined e-mail. they've looked at all kinds of evidence that they say shows that goldman sachs a premiere banking and investment firm, really engaged in practices that amount to selling a security and then betting on that security to fail. and misleading clients. of course, goldman sachs says it did not do anything wrong. it followed appropriate...
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Apr 20, 2010
04/10
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we're following some developing nud news out of michigan where a judge has ruled kwame kill ppatk violated his probation. he was supposed to make a $240,000 payment by tuesday. he has not done so. lawyers say he can only afford $3,000 of the monthly obligations. he now lives near dallas. he resigned as mayor in 2008 and spent 90 days in jail after pleading guilty to obstruction of justice all related to a sex scandal swirling around him and his chief of staff. now in violation of his probation. we'll see if that means any type of jail time or what follows with the former mayor of detroit there. >>> lawmakers are calling for national immigration reform today in response to a new law in arizona that allows authorities to pull over hispanics and ask them to produce residency documents. at least one lawmaker, democratic congressman lewis gutierrez of illinois says he may urge latinos to stay home during mid-term elections if reform is not passed. nbc's luke russert is on capitol hill. what else did congressman gutierrez have to say? >> an absolutely extraordinary press conference that happened
we're following some developing nud news out of michigan where a judge has ruled kwame kill ppatk violated his probation. he was supposed to make a $240,000 payment by tuesday. he has not done so. lawyers say he can only afford $3,000 of the monthly obligations. he now lives near dallas. he resigned as mayor in 2008 and spent 90 days in jail after pleading guilty to obstruction of justice all related to a sex scandal swirling around him and his chief of staff. now in violation of his probation....
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Apr 21, 2010
04/10
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let's talk to gary in michigan. gary. >> caller: big buckeye boo-yah, jim. >> hey, buckeye boo-yah right back at you. >> caller: i'm calling about the way ak steel is getting beat up. i listened to the conference call. they said second quarter shipments will be 5% higher than first quarter. that's supposed to be a good thing. but they wouldn't nail down second quarter performance since they can't predict the increase in the price of those iron pellets. i know that's vague. but their earnings per share met expectations and they pointed out that in the past they had better profits when iron prices rose. what are they supposed to do, make up the pellet price numbers just to satisfy the analysts? >> chief, i'm throwing the red flag. why? because i think you are being overly promotional and doing some sort of end zone dance on a quarter that didn't deserve it. in true ak steel has lost control of its raw costs not just iron. why don't you go with an integrated player like the letter x or of course my buddy pal dan d'amic
let's talk to gary in michigan. gary. >> caller: big buckeye boo-yah, jim. >> hey, buckeye boo-yah right back at you. >> caller: i'm calling about the way ak steel is getting beat up. i listened to the conference call. they said second quarter shipments will be 5% higher than first quarter. that's supposed to be a good thing. but they wouldn't nail down second quarter performance since they can't predict the increase in the price of those iron pellets. i know that's vague. but...
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Apr 7, 2010
04/10
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michigan 16%. florida 7%. >> those are all the bad states. but that's, again, why this thing priced the way it did. >> what is the expected life span of our security and what's going to cause our sweet little baby there to check out? >> we hope we'll get checks. we'll follow up in the next few weeks and months. this might not be alive much past the summer. if that's the case -- >> like a goldfish. >> that's right. >> are you going to talk about this on "fast money"? >> yes. >> excellent. >> we've got to get a name for it eventually. >> e-mail us and sut some names. >> he's heavy, too. >> back to you. >> that's what they should do with toxic assets, make them into ets for individual investors. >>> viral videos. hot marketing tool. free of charge. >> think about it, you don't even have to buy tv time to connect with millions and millions of people. ad age magazine is putting the best of the best on youtube's front page today. we'll show you what's hot on the other side of the break. >>> welcome back to "power lunch." i'm scott wapner. i want to
michigan 16%. florida 7%. >> those are all the bad states. but that's, again, why this thing priced the way it did. >> what is the expected life span of our security and what's going to cause our sweet little baby there to check out? >> we hope we'll get checks. we'll follow up in the next few weeks and months. this might not be alive much past the summer. if that's the case -- >> like a goldfish. >> that's right. >> are you going to talk about this on...
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Apr 27, 2010
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host: from ruby to that in michigan. -- pat in michigan. caller: i may have missed this earlier in the conversation and for that i apologize, but what does the effect of temp jobs on the rise have on the present unemployment numbers? guest: we look at a couple of different unemployment numbers. the major unemployment number you here is for people who are looking for work but not currently employed. another employment number, and it takes into account some of these temp workers that are more discouraged, that number as you would expect is much higher. close to 17% or 18% in the country. so, one in five feel like they are unemployed or under employe. it could also -- underemployed. it would also include temporary workers. it is not a sustainable position. that number is much higher. the number we look at typically, the number right now just under 10%, it looks at those that iraare unemployed, but seeking employment. if they're looking for full-time jobs, some individuals, especially thailand -- retirees, they are happy with part-time jobs. th
host: from ruby to that in michigan. -- pat in michigan. caller: i may have missed this earlier in the conversation and for that i apologize, but what does the effect of temp jobs on the rise have on the present unemployment numbers? guest: we look at a couple of different unemployment numbers. the major unemployment number you here is for people who are looking for work but not currently employed. another employment number, and it takes into account some of these temp workers that are more...
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Apr 27, 2010
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bay city, michigan, plant, $32 million. on top of all of that gm says it might just return to profitability this year. >>> speaking of profitability, one of gm's big three brothers is raking it in. a big u-turn from this time last year for ford. joining us from company head ours if in dear born, michigan, ford's president and ceo allan mullally. good to see you again. thanks for being with us. >> you're welcome. >> you and i have talked about this over the last few years. when it looked grim, when it looked endless, when the future of the auto industry looked very, very uncertain. are we at a point where when we're looking at your results, we're looking at gm's announcements, we're looking at chrysler, are we thinking that maybe we've got an industry that possibly is growing again in america? >> well, clearly, ali, in ford's case, this is a result of all the actions that we put in place three years ago to create an exciting viable profit, growing ford by focusing on a complete family of vehicles from ford and every one will
bay city, michigan, plant, $32 million. on top of all of that gm says it might just return to profitability this year. >>> speaking of profitability, one of gm's big three brothers is raking it in. a big u-turn from this time last year for ford. joining us from company head ours if in dear born, michigan, ford's president and ceo allan mullally. good to see you again. thanks for being with us. >> you're welcome. >> you and i have talked about this over the last few years....
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Apr 17, 2010
04/10
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mccotter from the state of michigan and congressman lynch from massachusetts. thanks and have a great weekend. >> you, too. >> gregg: we were talking about this before. have you ever wondered how the government is using your money, the money you pay into the government with every paycheck, especially when it comes to income taxes, who pays and why some people pay so very much? chief washington correspondent jim angle reports on the two extremes of the tax code. >> about 67 million americans, almost half the nation's wage earners, will pay no income taxes at all this year. in part because the wealthier are paying a bigger and bigger share of total u.s. taxes. >> a little known secret is that since the bush tax cut, the number of taxes paid by the wealthy increased from 80% of all income taxes paid by the top 20% to 86%. >> by all sorts of measures, wealthier taxpayers are shoulderrerring more of the burden than ever before, sparing those with modest incomes. >> the top 5% of earners in this country earn about 37% of all the income. but pay about 60% of all the f
mccotter from the state of michigan and congressman lynch from massachusetts. thanks and have a great weekend. >> you, too. >> gregg: we were talking about this before. have you ever wondered how the government is using your money, the money you pay into the government with every paycheck, especially when it comes to income taxes, who pays and why some people pay so very much? chief washington correspondent jim angle reports on the two extremes of the tax code. >> about 67...
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Apr 9, 2010
04/10
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the "detroit free press," a lot of attention on the healthcare debate and congressman bart stupak, a michigan democrat, calling reform his greatest legislative feat. at home, says the headline in the "detroit free press," congressman stupak is at peace with the health vote. and another head lean from "the boston globe," and this is in many many newspapers around the country, as president obama and his russian counter part signing the agreement yesterday in prague. by the way, the president is en route back to washington. he'll be back to the white house around 1:00 this afternoon. he left the czech republic about 1/2 hours ago. joe is joining us from columbia, south carolina. good morning to you. caller: good morning. make no mistake about this, republicans and democrats are pretty much equally to blame. it all started in 1998 where they went out and enacted policies making people be able to buy homes on the low-income side. then on the high-income side, individuals are to blame too. they went out and acted willie nilee and bought homes and traded up, traded up, borrowed on those, lied on the
the "detroit free press," a lot of attention on the healthcare debate and congressman bart stupak, a michigan democrat, calling reform his greatest legislative feat. at home, says the headline in the "detroit free press," congressman stupak is at peace with the health vote. and another head lean from "the boston globe," and this is in many many newspapers around the country, as president obama and his russian counter part signing the agreement yesterday in prague....
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Apr 26, 2010
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i am from michigan. i come down to florida to work in the winter. i was the only american worker there. out of 13 people, of was the first person to have to go back home. here is a great solution for all the immigrants. instead of marching to washington, march 2 washington and sign up for the army, navy, marines. america is not free. guest: i think you raise an important point about the e- verify program. arizona it is one of the few states require a individuals to participate in this. we are opposing this kind of program to push it nationally. in the end, there are a lot of programs out there that are conditioning robust worksite and foresman, which amnesty. what we are saying is, this is the wrong approach. to some extent, they are taking me the obama administration is painting themselves into a dangerous corner by saying we are going to take the interest of illegal aliens at a hard- working families who need enforcement. if they were serious about a pathway to citizenship, they would be talking about a far more comparable to a set of measures. th
i am from michigan. i come down to florida to work in the winter. i was the only american worker there. out of 13 people, of was the first person to have to go back home. here is a great solution for all the immigrants. instead of marching to washington, march 2 washington and sign up for the army, navy, marines. america is not free. guest: i think you raise an important point about the e- verify program. arizona it is one of the few states require a individuals to participate in this. we are...
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Apr 27, 2010
04/10
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jeremy in michigan, after seeing today's goldman sachs' nonsense, probably not. wall street's apparently only for elites. ralph writes, the market can stay irrational longer than i can stay solvent. pat writes, yes, but only in products that are made by american workers. and harvey in l.a. said, no way, too much psychology involved. the market is about future earnings, no longer about tangible profits, in the fdic b. frankie writes, no. can anyone guarantee me my money was not going to the side they were betting against. karl writes i don't have that $10,000 but i can probably scape up $1,000 or $2,000 to invest and just might do it. a few shares here and there and maybe i can do well as the economy comes back. if you want to read more on this, you can go to my blog c cnn.com/cafferty file. the error was my producer's file. >> hold on a second because i want you to watch this little exchange the president had in iowa wrapping up his town hall meeting there. watch this. >> my name is tara howard and i'm a fifth grader. i go to cardinal elementary. >> well, it's go
jeremy in michigan, after seeing today's goldman sachs' nonsense, probably not. wall street's apparently only for elites. ralph writes, the market can stay irrational longer than i can stay solvent. pat writes, yes, but only in products that are made by american workers. and harvey in l.a. said, no way, too much psychology involved. the market is about future earnings, no longer about tangible profits, in the fdic b. frankie writes, no. can anyone guarantee me my money was not going to the side...
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Apr 23, 2010
04/10
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saginaw, michigan. on the democratic line. what do you think of the approach of president obama to wall street? caller: i not think that he goes far enough. i think that we should take a step back, looking back and see how we got into this. this started in the 1980's. the deregulation but the general public. this is from wall street and all the people with all the money, anyway. this is like a shell game. this is completely ridiculous. the american people cannot see what is going on in the senate and on wall street, and in congress, all of this is about the greed. this is nothing more than greed. host: greece is moving closer to a default situation, and the talks continue on the rescue package. caller: thank you for taking my call. the obama administration, this legislation will not address the problem. this is what the problem basically came from. we solve the business from barney frank, and christopher dodd. they would not allow the regulators to come in this is what created the problem that we have today. host: the front pa
saginaw, michigan. on the democratic line. what do you think of the approach of president obama to wall street? caller: i not think that he goes far enough. i think that we should take a step back, looking back and see how we got into this. this started in the 1980's. the deregulation but the general public. this is from wall street and all the people with all the money, anyway. this is like a shell game. this is completely ridiculous. the american people cannot see what is going on in the...
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Apr 29, 2010
04/10
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michigan, rick, independent line. caller: i have ideas for education and jobs. take a big cities like detroit. they've got certain sections of the expressways that are below ground level. and usually on both sides of the expressways there is usually some areas, maybe the first two blocks, -- my ideas, also with big business in the area, a lot of their home offices are becoming white elephants for them to handle any more. i say, move the people in these areas into their business buildings and turned into schooling and housing complexes, where they live and where you have teachers living there also and giving kids 24 our education if they need it and then take the areas, the expressway sections that i talked about, you can turn them into mass of research and development centers. waste treatment, water treatment, to genetics, biochemistry, just massive research and development. host: thinking about solutions from michigan, one of the states with the highest unemployment rate in the united states. sasha sends us this tweet -- >> is employer -- the -- next is kansas.
michigan, rick, independent line. caller: i have ideas for education and jobs. take a big cities like detroit. they've got certain sections of the expressways that are below ground level. and usually on both sides of the expressways there is usually some areas, maybe the first two blocks, -- my ideas, also with big business in the area, a lot of their home offices are becoming white elephants for them to handle any more. i say, move the people in these areas into their business buildings and...
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Apr 30, 2010
04/10
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the first call comes from tom in michigan. caller: everybody is up in arms about immigrants coming over to the u.s. and you really cannot blame them. basically, they're coming from a purple country and they want to better themselves, which is anybody's idea of -- coming from a third world country and they want to better themselves, which is anybody's idea. instead of making their lives harder, has anyone thought about a kind of buyout to get into the united states? the united states is in trouble at times, but they want to get into it. have them by into getting here, or pay extra taxes. guest: that is a great point. in the bill that we had in 2007, the whole idea was that people would go forward and register and undergo a background check and it would have to pay a fine. and we talked about what the fine should be, but eventthat fe will eventually be agreed to and there will be a fine. and as you said, they will have to pay for the fact that they breached law. it should be a fine commensurate with the crime. and that is the ki
the first call comes from tom in michigan. caller: everybody is up in arms about immigrants coming over to the u.s. and you really cannot blame them. basically, they're coming from a purple country and they want to better themselves, which is anybody's idea of -- coming from a third world country and they want to better themselves, which is anybody's idea. instead of making their lives harder, has anyone thought about a kind of buyout to get into the united states? the united states is in...
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Apr 26, 2010
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finally, a michigan man showed up on time. [laughter] >> no offense, chart. he will be in the hallway if you do have any questions. he has offered to answer those for you. we are honored to have with us this morning michael barr, the treasury assistant secretary for financial institutions. assistant secretary barr is responsible for developing and coordinating treasury's policies on legislative and regulatory issues that affect financial institutions. the "national journal" says that its michael barr's job to help reconstruct humpty dumpty and prevent any future falls. sounds like an enormous task to me, and i'm sure it is in good hands. we previously -- he presented served in several high positions in treasury, white house, state department during the clinton administration. he has taught at the university of michigan law school, serve as a senior fellow at the center for american progress, and at the brookings institution, assistant secretary barr was a rhodes scholar and a supreme court clerk. he has researched and written about a wide range of issues of f
finally, a michigan man showed up on time. [laughter] >> no offense, chart. he will be in the hallway if you do have any questions. he has offered to answer those for you. we are honored to have with us this morning michael barr, the treasury assistant secretary for financial institutions. assistant secretary barr is responsible for developing and coordinating treasury's policies on legislative and regulatory issues that affect financial institutions. the "national journal" says...
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Apr 20, 2010
04/10
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the congressman from michigan, he was on "the daily show" and he says that the tea party -- the people out there don't know who they're mad at. here's a soundbite. >> the fact of the matter is people are afraid, they're frustrated. and a lot of times they don't know really who they're mad at. for example, they're mad at everybody. and they're not particularly upset about wall street. and they're raising cane with the congress because we had to, in fact, bail out the banks or we'd have had another 1929 on our hands. >> i guess he didn't get the memo on too big to fail thing. >> first of all, 1929 would have happened but 1929 led to f.d.r. which led to 20 years because of the things that the government did. please don't insult the tea party people anymore. we've already seen the study that came out, what was it, two weeks ago. they're smarter than the average person. they're involved. they know exactly what's going on. don't insult us anymore, congressman. we do know what's going on. and we are angry at the bailout because that's not your role. find it in the constitution. and it's not j
the congressman from michigan, he was on "the daily show" and he says that the tea party -- the people out there don't know who they're mad at. here's a soundbite. >> the fact of the matter is people are afraid, they're frustrated. and a lot of times they don't know really who they're mad at. for example, they're mad at everybody. and they're not particularly upset about wall street. and they're raising cane with the congress because we had to, in fact, bail out the banks or...
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Apr 23, 2010
04/10
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by the time of florida, he skipped iowa and new hampshire and michigan, skipped south carolina and made his last stand in florida knowing there were a lot of new yorkers who lived in florida. 80% were democrats and not voting in the republican primary. his ratings had turned unfavorable. he went to mike huckabee and said, why is it that people take such an instant dislike to me? mike said "i, "because it saves them time." in the interest of savings of time, let me give you a sense of where we are politically. the race came down to two great competitors. you had a united states senator from illinois and a united states senator from illinois who had been born in a manger. the reality is, as we meet here today, american politics follows fundamental rules. that is when the economy is bad, the economy is the only issue. that is an overwhelming reality that everybody lives with. i think it is important to put in perspective just exactly where, in fact, we have come from in this country. over the past 30 years, 28 years, actually, from the 1980's to 2008, we have in this country 20 years of re
by the time of florida, he skipped iowa and new hampshire and michigan, skipped south carolina and made his last stand in florida knowing there were a lot of new yorkers who lived in florida. 80% were democrats and not voting in the republican primary. his ratings had turned unfavorable. he went to mike huckabee and said, why is it that people take such an instant dislike to me? mike said "i, "because it saves them time." in the interest of savings of time, let me give you a...
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Apr 18, 2010
04/10
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CSPAN
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joipping us from mess i can, michigan, independent line, good morning to you. caller: good morning, steve. how are you? host: fine, thank you. caller: pleasure getting through to you. host: the pleasure is ours. and we're glad to hear from you. caller: it's pretty funny. because i think governor pataki. i think he thought he was on fox news instead of the "washington journal." because when he was saying about how obama is raising the taxes on the average american and small businesses, from what i understand the opposite of that is true. am i mistaken in that? host: well, the president commented on that that those earning less than $2,000 will not pay more in taxes and that is tax cut for middle class americans. caller: that's what i'm saying. governor, this is not fox news, you can't just make things up. host: and some of our twitter followers and called him than to, too. caller: now i'm glad you reminded me you got this guy joe from georgia and likes to call in once every 20 days or so. host: joe mccutchen. sounds like a three-pack a day republican cheerleader
joipping us from mess i can, michigan, independent line, good morning to you. caller: good morning, steve. how are you? host: fine, thank you. caller: pleasure getting through to you. host: the pleasure is ours. and we're glad to hear from you. caller: it's pretty funny. because i think governor pataki. i think he thought he was on fox news instead of the "washington journal." because when he was saying about how obama is raising the taxes on the average american and small businesses,...
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Apr 19, 2010
04/10
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CNN
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the fdic closed eight banks, washington and california and massachusetts and florida and michigan so far this year, 50 banks have been closed. so we did hear the early numbers there. we did hear the bell. we should be able to take a look at the numbers. i am looking at red but not much of a number. i am still seeing a downward movement here. the s&p is down slightly. the dow is down six points for the dow. we are looking at a slightly lower open as we go. nasdaq, off five points. 2476. she mentioned airline stocks with our good friend richard quest from cnn international. they are under pressure because they stand to lose so much money, millions of dollars from disruption of flights to europe, which may keep richard quest in the building for a little longer. >> forgive me. i went right to the business at top. didn't say hello. how you doing? good to see you stephanie. >> good to see you. >> you are doing a great job on bottom line on the weekend. we look forward to seeing you on that show. thank you. we will check in with you again. good to see you. >>> ats record fine that toyota sa
the fdic closed eight banks, washington and california and massachusetts and florida and michigan so far this year, 50 banks have been closed. so we did hear the early numbers there. we did hear the bell. we should be able to take a look at the numbers. i am looking at red but not much of a number. i am still seeing a downward movement here. the s&p is down slightly. the dow is down six points for the dow. we are looking at a slightly lower open as we go. nasdaq, off five points. 2476. she...
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Apr 27, 2010
04/10
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CNBC
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phil lebeau in michigan. alan mulally on "power lunch ". >>> joining us this morning if a special "squawk" exclusive is simon lawrence, also former general counsel at the s.e.c. he joins us along with our guest host bill ackman of pershing square. great have you. >> great to be here. >> does the s.e.c. have the goods on goldman orren? >> it's very hard to tell from what you can see so far. doesn't look like their strongest case, i'll tell you that. >> what's missing? >> at the beginning, they're alleging fraud involving two very sophisticated purchasers who were involved in the transaction. and it's hard ho see where they were misled. maybe they were. the s.e.c. is focusing on the absence of information about john paulson's involvement in selecting the pool of mortgages. was that material to the transaction? it's hard to tell. john paulson of the time wasn't the john paulson we know now. >> that's the point. >> and it's very hard to tell whether that would have been material to a reasonable investor, which is
phil lebeau in michigan. alan mulally on "power lunch ". >>> joining us this morning if a special "squawk" exclusive is simon lawrence, also former general counsel at the s.e.c. he joins us along with our guest host bill ackman of pershing square. great have you. >> great to be here. >> does the s.e.c. have the goods on goldman orren? >> it's very hard to tell from what you can see so far. doesn't look like their strongest case, i'll tell you that....
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Apr 22, 2010
04/10
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CSPAN
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we have a longer way to go in michigan than anywhere else. that is for sure. we are seeing significant advancements and changes as a result of the recovery act. >> later, the amendment was left unresolved. members approved the bunting and warner amendment by voice vote. the cornyn amendment failed. >> all this month, see the winners of c-span studentscam documentary. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] they submitted videos on one of the country's great strengths or challenge the country is facing. what it every morning at 6:50 a.m. eastern before "washington journal." at 8:30 p.m., meet the students who made them. for a preview of all the winners, visit studentscam.org. >> now a round table discussion on wall street regulation from today's "washington journal." this is about 45 minutes. on your screen right now is kara scannell, "wall street journal" reporter. i want to show you a headline i want to show you a headline from the dai how important is the president's speech in wall stre
we have a longer way to go in michigan than anywhere else. that is for sure. we are seeing significant advancements and changes as a result of the recovery act. >> later, the amendment was left unresolved. members approved the bunting and warner amendment by voice vote. the cornyn amendment failed. >> all this month, see the winners of c-span studentscam documentary. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] they...
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Apr 20, 2010
04/10
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CNN
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folks at the research center and university of michigan found that the typical teen sends somewhere in the neighborhood of 50 texts a day and presumably they've got a similar number coming in. then you've got a sizable number of kids sending more than 100 texts a day. that's over 3,000 a month. and, yeah, this is a big jump in a short amount of time. the percentage of teens who text their friends daily doubled between 2006 and 2009. here to talk about teens and texting with us is vanessa van patton, founder of radicalparenting.com. excellent title. good to see you. thanks for being with us. >> thanks for having me. >> we probably shouldn't be too shocked as we said about the numbers. what's the new danger? what is out there that parents didn't have to be worried about that they really now should pay attention to? >> you know, i think that now more than ever we're seeing a generation that's extremely socially illiterate. social cues that adults are picking up on like eye contact, facial expression, voice tone. teenagers has trouble picking this up. that's a problem for them to develop t
folks at the research center and university of michigan found that the typical teen sends somewhere in the neighborhood of 50 texts a day and presumably they've got a similar number coming in. then you've got a sizable number of kids sending more than 100 texts a day. that's over 3,000 a month. and, yeah, this is a big jump in a short amount of time. the percentage of teens who text their friends daily doubled between 2006 and 2009. here to talk about teens and texting with us is vanessa van...
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Apr 26, 2010
04/10
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CSPAN
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host: michael in sterling heights, michigan. caller: i am a vietnam veteran and i am not opposed to war, but what i'm concerned about is the reason the u.s. is over there is because of the heavy dominance of jewish interest groups that have a great influence over our government. i would also like to say, your guest on today is in no position to be objective in her position because she is jewish herself. guest: could i say, is a shame that a call like that is on c- span. those are the anti-semantic remarks. i would not even answer. again, books have been written about why we went into iraq. there is plenty of information out there. george bush was not jewish, neither was richard cheney, but the idea of a jewish conspiracy belongs in the nazi history books. host: let us look at exactly when you are talking about. your latest column in the "philadelphia inquirer" -- tell us more about the discussions between the taliban, president karzai. guest: one of the great hopes that is consistently discussed with afghanistan is that talks wi
host: michael in sterling heights, michigan. caller: i am a vietnam veteran and i am not opposed to war, but what i'm concerned about is the reason the u.s. is over there is because of the heavy dominance of jewish interest groups that have a great influence over our government. i would also like to say, your guest on today is in no position to be objective in her position because she is jewish herself. guest: could i say, is a shame that a call like that is on c- span. those are the...